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To: Citizen Zed
An estimate from the Citizens for Tax Justice found the league saved only about $10 million a year from the tax break, which is rounding error for an enterprise the size of the NFL, which pulls in more than $1 billion in profits.

Mixing the apples of the taxes to be paid (maybe) by the league office with the profits of the individual teams. I bet the accountants will be even more careful in the future to make sure that the league profits and taxes are closer to zero. Reduce the fees charged to each team to run the league office and run more of the money from networks, advertisers and merchandisers directly to the teams so 32 checks are written instead of one to the NFL for distribution to the teams.

6 posted on 04/28/2015 2:08:39 PM PDT by KarlInOhio (Darth Obama on 529 plans: I am altering the deal. Pray I don't alter it any further.)
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To: KarlInOhio

How much is GE and GM etc paying in taxes?


11 posted on 04/28/2015 2:55:54 PM PDT by GeronL (Clearly Cruz 2016)
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